ACO UTLEIE AS: årsregnskap 2020 vs 2019
Grew 28% on revenue, weaker earnings, cash halved-plus
approved 2021-03-07; registry 2021-05-25; journal 2021 314671
Summary
What changed
Comparing Årsregnskap 2020 with 2019 for ACO UTLEIE AS. Revenue 3.97m NOK → 5.06m NOK (+27.6%). Net result +1.29m NOK → +271.6k NOK. Equity 644.0k NOK → 1.92m NOK.
On the constructive side: revenue rose; equity strengthened. Pressures included: operating result weakened; net result weakened; cash fell.
Net tougher year on the published lines.
At a glance
Scorecard
What improved
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↑
Revenue rose
Operating income / revenue moved from 3.97m NOK to 5.06m NOK (+27.6% YoY). Calculated
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↑
Equity strengthened
Book equity 644.0k NOK → 1.92m NOK (equity ratio 90.8% → 17.2%). Calculated
What deteriorated
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↓
Operating result weakened
Operating result +1.65m NOK → +368.2k NOK (op. margin 41.7% → 7.3%). Calculated
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↓
Net result weakened
Net result +1.29m NOK → +271.6k NOK (net margin 32.4% → 5.4%). Calculated
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↓
Cash fell
Bank deposits 769.2k NOK → 251.2k NOK (-67.3% YoY). Calculated
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↓
Current ratio dropped below 1×
Current ratio 277.64× → 0.35× — short-term liabilities now exceed liquid/current assets on the published lines. Calculated